U
Upwork
An online work marketplace that connects millions of businesses with independent talents around the globe
At a glance
- Founded
- 2014
- Headquarters
- San Francisco, United States
- Listing
- IPO 2018
- Sector
- eCommerce & Marketplaces
- Power Law
- Unicorn$1–10B valuation tierThoroughbred$100M+ revenue
Latest news
Press, funding announcements and product moves mentioning Upwork.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
- GPGlobespan Capital Partners
Kleiner Perkins- PMPequot Capital Management
NEA- SPSigma Partners
Series B and later8 investors entered at this stage
Stripes
DAG Ventures
FirstMark- CICiti
Benchmark
T. Rowe Price- CVCanvas Ventures
- FVFocus Ventures
Source: Dealroom Talent Intelligence.
Alumni founders
Former Upwork employees who went on to found companies, sorted by Dealroom signal score.
MIMiSaludEst. 2021
Bismarck LepeUnited States
DRDreamdata.ioEst. 2018
Steffen HedebrandtDenmark
Yannis KaramanlakisUnited States
Rokas JudickasLithuania
PRPresetEst. 2019
Ardelle SeguritanUnited StatesGlobal footprint
team presence
across markets
Patents
17 active patent families included in this estimate.
A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.
Investments and acquisitions
Disclosed deals where Upwork was the backer or acquirer, 2014–2025. Toggle between venture rounds, M&A, or both. The map below is grouped by the target company's sector — the colored pill on each chip is the round type.
4 deals across Upwork's capital deployment.
Where the deals concentrate by sector, stage, and decade.
Where Upwork deploys vs peers
Each axis is a Dealroom topic tag — picked from the cluster's most-tagged themes. Values are normalized per axis: the peer with the highest tag-coverage on that axis sits at the edge, others scale relative to them. Toggle between M&A, venture, or both.
Upwork's portfolio, mapped.
Each chip is one company. Pill colour shows round type — green for Seed, blue for Series A, purple for B/C+, pink for late-stage, amber for M&A. Bigger sectors keep their full list behind “+ N more”.
Market sentiment
An AI-synthesised read of the highest-engagement posts about Upwork on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Upwork on the full Dealroom platform
Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.